Assignment Agreement for the Transfer of Recreation Rights Sample Contracts

ASSIGNMENT AGREEMENT FOR THE TRANSFER OF RECREATION RIGHTS AND CONSENTS OF IRVINE RANCH WATER DISTRICT AND SERRANO WATER DISTRICT TO SUCH TRANSFER

Assignment Agreement for the Transfer of Recreation Rights • December 29th, 2021 • California

• Contract Type
  Assignment Agreement for the Transfer of Recreation Rights
• Filed
  December 29th, 2021
• Jurisdiction
  California

This Assignment Agreement for the Transfer of Recreation Rights ("Assignment Agreement") is effective as of the date of its recordation in the Official Records of Orange County, California ("Effective Date"), by and between THE IRVINE COMPANY LLC, a Delaware limited liability company ("Company"), as assignor, and the COUNTY OF ORANGE, a political subdivision of the State of California ("County"), as assignee, as well as SERRANO WATER DISTRICT, a political subdivision of the State of California formed and operating under the Irrigation District Law, California Water Code Section 20500 et seq. (“Serrano”) and IRVINE RANCH WATER DISTRICT, a California water district organized under and existing pursuant to Section 34000 et seq. of the California Water Code (“IRWD”) (collectively SWD and IRWD are the “Districts”), as consenting parties to the assignment.